K92bn Cashgate: DPP accused as Malawi Parley demands action

The ruling Democratic Progressive Party (DPP) has been accused by Malawi Parliament’s Budget and Finance Committee of fuelling the plundering and looting of public resources christened as ‘Cashgate’.

According to the Committee, the effects of cashgate would have been minimized had it been that DPP paid attention to an ‘interim report’ of Auditor General’s audit on central payment system, when the party was in power previously.

Committee chairperson Alekeni Wodala Menyani  when presented a report to Parliament on Tuesday September 30 on its review and analysis of the previous committee’s investigations into Cashgate, pointed out that inaction by the previous PP administration led to the Cashgate of 2013.

Menyani: “K92 billion” was stolen between 2009 and 2012 under DPP rule

Menyani: “K92 billion” was stolen between 2009 and 2012 under DPP rule

“The laxity by the Secretary to the Treasury to promptly act on the report played a bigger role in paving way to the cashgate we are all complaining about,”  said Menyani .

“The committee believes that had it been that the report was given the necessary attention it deserved, the enormity of the Cashgate could have been greatly reduced. But a million dollar question is: why was the report not presented to the Public Accounts Committee after its production? What was there to hide?”

After further scrutiny, the interim report found that the actual amount lost was K87 985 808 616.82.

Menyani further said that some departments were not audited during the exercise which was abandoned in the middle.

Among the ministries and departments that were not audited include Office of President and Cabinet, National Assembly, Office of Vice President, Ministry of Information, Ministry of Defence, Ministry of Foreign Affairs, Ministry of Justice, Department of Human Resources and Development and Ministry of Transport and Public Works.

He said the committee has resolved to summon both the Accountant General and Chief Secretary to Government to get updates and progress reports on the actions taken against the culprits in the misappropriation.

Meanwhile the committee says it maintains the stand by the previous committee to have cashgate names in the Baker Tilly forensic audit report made public.

Members of Parliament are expected to debate the report of the committee on Thursday.

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Carlos s
Guest

A Malawi! donors pliz dont giv out any donation to our gvt. nuff crisis. its nt only the central gvt who hv plundered funds, audit district assemblies u’ll be shocked,lots of resources hv bn greatly plundered. panya pathu ndithu a malawife!

Mphatso mbewe
Guest

Cashgate issues tatopa nazo,dpp,pp, akuba okha okha we fight 4 fedaral government kuti tione adzabanso bwanji?

Shimwitwa
Guest

Amalawi we are very good at talking and not action. Prove me wrong this matter will be dragged to the other election as most of the people in the report are big people.

Mbowe Mulambia
Guest

If we are serious to stop corruption those auditors from UK should investigate from 2009–2013 because it does not make sense we lost about 88 billion from 2009-2012 then 13 bilion from 2012-2013 I think there is something wrong here it means this is a rottern country

Matako
Guest
Malawians lets continue to let the donors know the truth. This government is as corrupt as Bingu was. Please donors do not give any assistance to this corrupt government unless they are held accountable for the MK62 billion they stole from poor Malawians. This government is so corrupt that they will not even accept the responsibility that the looting of state resources happened during their watch. What ever you give to this country will only end up in foreign bank accounts. It is a government that is not accountable and transparent. Please do not give any assistance I would rather… Read more »
BigMan
Guest

Barking, barking, barking and barking some more…. for nothing!

Mac
Guest

Ziliko

Nachanza
Guest

Pa Malawi palibe chipani cholongosoka MCP,DPP,PP mbava zokhazokha.

Imraan Sadick
Guest

Kodi ma bus osowa mwini aja alikuti ndikuwafuna ine

godobaman
Guest

iwe Godfly makamwa ponunkhapo wamva chitsiru

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